ECB Is Worried That Inflation
Isn't Easing Rapidly Enough

FRANKFURT -- The European Central Bank is increasingly concerned that inflation isn't easing fast enough, something that could potentially lead policy makers to raise interest rates later this year.

The annual rate of euro-zone inflation in April is turning out to be higher than previously expected. Data from France, Spain and the Netherlands suggest inflation in the currency bloc slowed to a mere 2.4% annual rate last month from a...